The Non-Expansible Polystyrene market in Portugal saw fluctuations with a peak in 2016 at 80.307 million kg and gradual decline to 60.133 million kg by 2023. Notably, the market experienced consistent negative growth in recent years with the largest year-on-year decline of -6.83% in 2021. The five-year CAGR leading to 2023 stood at -3.68%, reflecting a downtrend.
Future trends to watch for include:
- Technological advancements impacting material use.- Potential regulatory changes affecting production and utilization.- Shifts in consumer demand towards more sustainable materials.- Economic factors influencing industrial applications of polystyrene.
How does Portugal rank in Non-Expansible Polystyrene Market Size Volume?
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 341,030,000 | 2023 | -1.21% | -1.92% | View data |
| 2 | 2 Poland | 87,383,000 | 2023 | +2.34% | +1.61% | View data |
| 3 | 3 Portugal | 60,133,000 | 2023 | -0.51% | -3.68% | |
| 4 | 4 Spain | 48,720,000 | 2023 | -5.09% | -5% | View data |
| 5 | 5 Finland | 24,721,000 | 2023 | +2.2% | +1.22% | View data |
